1348 Palms Blvd Venice, CA 90291
Venice Neighborhood
6
Beds
2
Baths
2,252
Sq Ft
0.25
Acres
Highlights
- 0.25 Acre Lot
- 1-Story Property
- North Facing Home
- Venice High School Rated A
About This Home
As of December 2024The property is currently 100% VACANT with two 3 bed 1 bath houses on the lot plus two 2-car garages in the rear off the alley with automatic openers. There is also room to park two cars on the concrete apron. The front house has a upgraded kitchen and bathroom. Both houses are in livable condition with hardwood floors, fireplaces, large living rooms, and laundry. The front house has a large private front yard and the rear house has a huge private rear yard. There is plenty of room in the driveway parking area for three more cars. The lot measures 174 x 63 and it is zoned LAR1. There is alley access in the rear. There are no existing plans or entitlements currently on this property. Call agent for more information. Please do not walk on property. This property is great for a family compound or to build new home in the future. Why buy one house on a small lot when you can have two houses on a huge lot with yard space for everyone? Easy to show on short notice with lockbox but agent will accompany.
Last Agent to Sell the Property
eXp Realty of Greater Los Angeles License #00919713 Listed on: 10/22/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,160
Year Built
- Built in 1947
Lot Details
- 0.25 Acre Lot
- Lot Dimensions are 63x174
- North Facing Home
- Value in Land
Parking
- 4 Car Garage
Interior Spaces
- 2,252 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 6 Bedrooms
- 2 Bathrooms
Utilities
- Heating System Mounted To A Wall or Window
- Property is located within a water district
Listing and Financial Details
- The owner pays for water, gardener
- Assessor Parcel Number 4242-014-025
Community Details
Overview
- 2 Buildings
- 2 Units
Building Details
- Rent Control
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 8, 2024
Sold by
Alexander Diane Christine
Bought by
Alexander Mark J
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,600,000
Interest Rate
6.38%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 21, 2023
Sold by
Alexander Mark Jay and Alexander Eric R
Bought by
Chen And He Living Trust and Chen
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,600,000
Interest Rate
6.38%
Mortgage Type
New Conventional
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | Monarch Title | |
| Grant Deed | $2,000,000 | Monarch Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $1,600,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/10/2024 12/10/24 | Sold | $2,000,000 | -2.4% | $888 / Sq Ft |
| 11/08/2024 11/08/24 | Pending | -- | -- | -- |
| 10/22/2024 10/22/24 | Price Changed | $2,049,000 | 0.0% | $910 / Sq Ft |
| 10/22/2024 10/22/24 | For Sale | $2,049,000 | -7.7% | $910 / Sq Ft |
| 10/05/2024 10/05/24 | Pending | -- | -- | -- |
| 09/17/2024 09/17/24 | Price Changed | $2,219,000 | -3.1% | $985 / Sq Ft |
| 09/12/2024 09/12/24 | For Sale | $2,289,950 | 0.0% | $1,017 / Sq Ft |
| 09/05/2024 09/05/24 | Pending | -- | -- | -- |
| 08/26/2024 08/26/24 | Price Changed | $2,289,950 | -4.6% | $1,017 / Sq Ft |
| 08/12/2024 08/12/24 | For Sale | $2,400,000 | 0.0% | $1,066 / Sq Ft |
| 12/22/2023 12/22/23 | Pending | -- | -- | -- |
| 10/19/2023 10/19/23 | For Sale | $2,400,000 | -- | $1,066 / Sq Ft |
Source: The MLS
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $8,160 | $642,056 | $384,499 | $257,557 |
| 2023 | $8,011 | $629,467 | $376,960 | $252,507 |
| 2022 | $7,652 | $617,125 | $369,569 | $247,556 |
| 2021 | $7,550 | $605,025 | $362,323 | $242,702 |
| 2020 | $7,623 | $598,822 | $358,608 | $240,214 |
| 2019 | $7,331 | $587,081 | $351,577 | $235,504 |
| 2018 | $7,214 | $575,571 | $344,684 | $230,887 |
| 2016 | $6,890 | $553,222 | $331,300 | $221,922 |
| 2015 | $6,792 | $544,913 | $326,324 | $218,589 |
| 2014 | $6,827 | $534,240 | $319,932 | $214,308 |
Source: Public Records
Agents Affiliated with this Home
-
Derrick Ruiz
Seller's Agent in 2024
Derrick Ruiz
eXp Realty of Greater Los Angeles
(310) 308-3174
2 in this area
23 Total Sales
-
Megan Silva
Buyer's Agent in 2024
Megan Silva
Compass
(310) 614-6513
12 in this area
75 Total Sales
Map
Source: The MLS
MLS Number: 23-323325
APN: 4242-014-025
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